The Effect of Population Level Learning on Market Entry: The American Automobile Industry*

Abstract

Olav Sorenson Is it more difficult to start a new business in an emerging industry or in a mature one? The density dependent model of organizational ecology argues that the age of the industry itself is irrelevant. The number of firms currently occupying the market niche determines the competitive structure of the industry. Nevertheless, population-level… (More)

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6 Figures and Tables